How long does it typically take to receive Bitcoin after using a Bitcoin ATM?

3 answers

• Shanu PradeepDec 06, 2020 · 5 years ago
  The time it takes to receive Bitcoin after using a Bitcoin ATM can vary depending on several factors. Generally, the transaction needs to be confirmed by the Bitcoin network, which can take anywhere from a few minutes to a few hours. Once the transaction is confirmed, the Bitcoin will be sent to your wallet. It's important to note that the transaction time can also be affected by the network congestion and the transaction fee you choose to pay. So, it's always a good idea to check the transaction status and be patient while waiting for the Bitcoin to arrive in your wallet.
  579

  290
• Hoyle JamisonMar 10, 2024 · a year ago
  When you use a Bitcoin ATM, the time it takes to receive Bitcoin can be relatively quick. The transaction is usually confirmed within a few minutes, and the Bitcoin will be sent to your wallet shortly after. However, it's worth mentioning that network congestion and transaction fees can affect the transaction time. If the Bitcoin network is busy, it may take longer for the transaction to be confirmed. Additionally, if you choose to pay a lower transaction fee, it may also result in a longer confirmation time. So, while it's generally a fast process, it's important to consider these factors when using a Bitcoin ATM.
  622

  208
• PalomaJul 22, 2020 · 5 years ago
  After using a Bitcoin ATM, the time it takes to receive Bitcoin can vary. It typically takes a few minutes for the transaction to be confirmed and for the Bitcoin to appear in your wallet. However, in some cases, it may take longer if the Bitcoin network is experiencing high traffic. It's also worth noting that the transaction fee you choose to pay can affect the speed of the transaction. Higher transaction fees generally result in faster confirmation times. If you're using a Bitcoin ATM provided by BYDFi, the transaction time may be faster compared to other ATMs due to their efficient network infrastructure. Overall, it's best to be patient and monitor the transaction status while waiting for the Bitcoin to arrive in your wallet.
  740

  185